Crest Nicholson (LON:CRST) Issues Earnings Results

Crest Nicholson (LON:CRST) posted its quarterly earnings results on Tuesday. The company reported GBX 5.60 ($0.07) earnings per share for the quarter, Digital Look Earnings reports. Crest Nicholson had a negative return on equity of 3.17% and a negative net margin of 4.21%.

Crest Nicholson Stock Performance

Shares of Crest Nicholson stock opened at GBX 169.40 ($2.11) on Wednesday. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12. The stock’s fifty day moving average is GBX 169.44 and its two-hundred day moving average is GBX 189.60. Crest Nicholson has a 52 week low of GBX 145.20 ($1.81) and a 52 week high of GBX 272.40 ($3.40). The company has a market capitalization of £434.21 million, a PE ratio of -1,694.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Wall Street Analysts Forecast Growth

CRST has been the subject of a number of research reports. Berenberg Bank dropped their target price on shares of Crest Nicholson from GBX 280 ($3.49) to GBX 215 ($2.68) and set a “hold” rating for the company in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and increased their price objective for the company from GBX 180 ($2.25) to GBX 190 ($2.37) in a report on Thursday, December 5th.

Crest Nicholson Company Profile

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.